Brookdale Senior Living is considering a stock buy-back program because the board and management are “extremely frustrated with where our share price is,” company CEO Andy Smith told investors...
Higher wages, better training and flexibility are keys to growing home care economy, policy makers say
By
Diane Eastabrook
Jun 04, 2021
Home care workers must be better paid, better trained and more flexible in their skills as they emerge from the COVID-19 pandemic.
Brace for a catastrophic seniors housing shortage, group warns
By
John O'Connor
May 23, 2016
Unless major infrastructure and policy changes are made, the nation’s supply of affordable housing for seniors will become woefully inadequate in the decades to come.
Report identifies where assisted living rents are changing the most
By
Kimberly Bonvissuto
Jan 19, 2024
The assisted living sector touts itself as the most cost-effective option to provide quality-of-life care and services for the nation’s older adults. But that value comes at a cost, according to a new...
Affordable housing advocates ‘thrilled’ with omnibus provisions
By
Lois A. Bowers
May 01, 2017
An omnibus spending act released Monday by lawmakers “sends a clear message that keeping HUD-assisted homes online is as much as a priority for Congress as it is for the 1.7 million older adult households...
Investor dissatisfaction grows with boards, ESG proposals: report
By
Kathleen Steele Gaivin
Sep 21, 2023
More shareholders are dissatisfied with corporate boards of directors than in the past, and support for environmental, social and governance proposals also has waned, according to a report released Wednesday...
Employees will benefit from bike-sharing program, Atria hopes
By
Lois A. Bowers
Jul 05, 2017
Atria Senior Living is one of 10 companies sponsoring a new bicycle-sharing program in its headquarters city of Louisville, KY, and the city’s mayor says that the program will play an important role...
Blake Management Group will expand outside of Southeast under joint venture
Oct 05, 2018
Blake Management Group expects to add 10 resort-style senior living communities to its portfolio over the next five years through a new joint venture with LifeCare Properties.
Executive salaries in senior living, nursing homes would be limited under proposed ordinance
By
Kathleen Steele Gaivin
May 05, 2023
The annual compensation of executives in senior living, nursing homes and other healthcare entities in Los Angeles would be capped at $450,000 under an ordinance proposed by the Service Employees International...
2008 to 2017 saw decline in ADL, functional limitations for seniors
Feb 23, 2023
The odds of decline in both activities of daily living limitations and functional limitations attenuated with adjustment for educational attainment.